It is true. The more money you have, naturally the more you spend. The problem is that for it to be viable the money spent has to be real and not credit which gets defaulted. Credit is OK so long as it gets paid in a relatively short amount of time. Credit should only be given to those who are credit worthy. It is just good business.
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"My Religion consists of a humble admiration of the illimitable superior spirit who reveals himself in the slight details we are able to perceive with our frail and feeble minds." Albert Einstein
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